For Sale Multi-Family MLS# ACT7557102

2201 Mission Hill Cir

Austin, TX 78741

$690,000

About 2201 Mission Hill Cir

This exceptional 3,612 square-foot four-plex, located on an oversized lot backing to a scenic wet-weather creek, presents a remarkable investment opportunity. Comprising two 2-bedroom, 1.5-bath units, one 1-bedroom, 1.5 baths and 2 living room unit which could easily be converted into a 2-bedroom unit, plus one expansive 1-bedroom, 1.5-bath unit, this property is ideally positioned for both investor stability and tenant satisfaction. Recent updates ensure peace of mind for the next owner, including the complete replacement of cast iron plumbing in 2023, a new flat roof installed in 2022, and updated HVAC units, with Units 2 and 4 receiving new systems within the last 2.5 years. Units 1 and 2 also benefited from HVAC servicing in 2025. Water heaters have been replaced across all units, with new installations in Units 1 and 3 in 2024 and Units 2 and 4 in 2022. All kitchen appliances are less than five years old, with two of the units offering upgraded stone countertops and stainless-steel appliances. The property is currently generating consistent rental income, with Unit 2 leasing for $1,500 per month, Unit 3 at $1,550, and Unit 4 at $1,350. Unit 1 is vacant, providing an opportunity for immediate income generation. Three of the four units feature washer and dryer connections, while adding a gas stub out in the only laundry room without hook ups would be easy, enhancing tenant appeal. This four-plex’s lush outdoor space includes fruit trees, a blackberry bush, citrus trees, rose bushes, flowing vines, and a garden, offering tenants a tranquil environment rarely found in similar properties. The property’s location, with a short drive to Mabel Davis Pool & Park and convenient access to I-35 and HWY 71 make tenant's commute a breeze, further enhances the property's desirability. Notably, the property has demonstrated strong tenant retention, with two-thirds of current tenants choosing to live here due to family connections on the same street.

Property details

Property

Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1968
Stories
Two
Living area
3,612 sqft
Price / sqft
$191
Lot
0.31 AC / 13,503 SF
Original price
$725,000
MLS #
7557102

Interior

Appliances
Free-Standing Electric Range, Electric Water Heater, Water Heater
Flooring
Carpet, Laminate, Vinyl
Heating
Central
Cooling
Central Air
Laundry
Laundry Closet
Windows
Aluminum Frames

Exterior & lot

Features
No Exterior Steps
Roof
Composition
Foundation
Slab
Patio & porch
Patio
Fence
Wood

Schools

District
Austin ISD
Elementary
Linder
Middle
Lively
High
Travis

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$12,944
Tax year
2022
Parcel
03120202040000
Legal
Lot 8 Mission Hill

Location

Subdivision
mission hill
County
Travis
Directions
Ben white exit Woodward St./Burleson north on Burleson Rd. left on Mission Hill Circle. Fourplex is at the end of the street, 2201.

Location

Neighborhood
mission hill

Ask about this property

Questions on 2201 Mission Hill Cir, or want to see it in person?

Listed by Chris Hightower, The Hightower Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.